125 W Broadway, Salem, NJ 08079
For Sale
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This exceptional executive office building, located at 125 W Broadway in Salem, New Jersey, presents a unique investment opportunity. The property boasts a total of 9,248 square feet, encompassing 6,141 square feet of office space and an additional 3,107 square feet of basement space. The building sits on a 0.5979-acre lot and is zoned C1, allowing for a variety of commercial uses. Ample parking is available, with 58 spaces serving both 125 and 127 W Broadway. The property's strategic location in Salem, within Passaic County, offers convenient access to major transportation routes and a thriving business community. This is an ideal opportunity for businesses seeking a substantial and well-maintained office space in a desirable location. The property's size and zoning provide flexibility for a range of business needs. The inclusion of significant basement space adds versatility for storage, additional office space, or other operational requirements. The ample parking ensures convenient access for employees and clients. This property is ready for immediate occupancy and presents a compelling investment opportunity in a growing market. The adjacent property at 127 W Broadway, while not included in this sale, offers an additional 1,670 square feet on a 0.3283-acre lot and is also zoned C-1. This presents a potential expansion opportunity for a larger business. The zip code is 08079.
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Salem City Clerk City Government Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.